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Nick Wayth from the Energy Institute reviews key takeaways from this year's Statistical Review of World Energy and the progress he hopes to see materialize at COP28.
KPMG is proud to work in association with the Energy Institute on the 2023 Statistical Review of World Energy, the go-to source of energy data globally since 1952.
What the Statistical Review of World Energy brings out is a clear message that the world must “inject more urgency into the energy transition,” and develop the low-carbon technologies needed to bring emissions down. The good news is that the US and China are back in talking terms, ready to resume cooperation on tackling the climate and emission challenges facing both countries and the world. [Gas in Transition, Volume 3, Issue 8]
EI noted that five key themes emerge from the data.
The international natural gas trade, powered by LNG, grew 5% in 2022 year/year and represented more than half of all global gas activity, according to the